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RIYADH: Saudi Coffee Co. has signed an investment deal with the Royal Commission for Jubail and Yanbu to construct a 30,000-square-meter coffee production warehouse in Jazan City for Primary and Downstream Industries as it looks to increase the Kingdom’s domestic coffee output. The new coffee production warehouse will contribute to raising Saudi coffee output from the current
Trade does not erode the manufacturing sector as critics claim. Infact, trade strengthens the manufacturing sector because it expandsmarkets for U.S. goods, provides manufacturers with access tolower-priced inputs, and increases productivity.
RIYADH: Methanol Chemicals Co. has signed a strategic agreement of SR500 million ($133 million) with Global Co. for Downstream Industries to produce specialty chemicals. The partnership aims to identify other chemical materials in order to explore the possibility of producing them, Chemanol said in a bourse filing. The agreement enhances Chemanol’s long-term plans for
Hutchison Ports celebrated the inauguration of Jazan in Saudi Arabia with a visit from the royal commission.